News with the tag "bitvm"

The introduction of BitVM smart contracts has marked a significant milestone in the path for scalability and programmability of Bitcoin. Rooted in the original BitVM protocol, Bitlayer's Finality Bridge introduces the first version of the protocol live on testnet, which is a good starting point for ...

Sergio Lerner of RootstockLabs discusses Bitcoin bridging hurdles, BitVM innovations and implications for DeFi.

Jeremy Rubin released a proposal two weeks ago titled Un’FE’d Covenants (FE = Functional Encryption). Given the ongoing debate over covenant proposals for Bitcoin the last year or two, his proposal marks a new practical option. All covenant proposals so far require a soft fork (actual opcodes), the ...

A look at a recent report by Galaxy looking at the economic viability of two way pegs secured by BitVM.

"If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi," BOB co-founder Alexei Zamyatin, told CoinDesk.

Citrea has launched its public testnet, creating a solution to allow Ethereum Virtual Machine (EVM) developers to access Bitcoin’s blockspace. The team believes this is testnet marks a significant step toward using Bitcoin as a settlement layer for decentralized applications (apps). Citrea Launches ...

Citrea Launches BitVM-Based Bridge to Bitcoin Testnet, Expanding Smart Contract Capabilities Citrea, a Bitcoin zero-knowledge (ZK) rollup, has launched its BitVM-based bridge called Clementine, which is now live on the Bitcoin testnet, according to a report from CoinDesk. The Clementine bridge lever...

The Hemi Network team claims tunneling allows Bitcoin and Ethereum to coexist without the attack vectors associated with cross-chain bridges.